Costa Rica Insurance Q1 2020
Costa Rica’s insurance industry is expected to provide significant growth opportunities for the future. While both the lifeand non-life sectors will be marginally impacted by the poor macroeconomic outlook, we still expect them to record positive growthover the medium term. The smaller life sector presents several growth opportunities due to its current lack of penetration andfactors such as rising incomes and an increase in life expectancy. Non-life insurance growth will be supported by core lines such asmotor and property insurance, while newer lines such as health and personal accident insurance will start to make an impact onoverall premium growth.
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